x

ECOWAS received 32m (Euros) EU funds to revamp Energy sector

By Joyce Remi-Babayeju

The European Union, EU has donated the sum of thirty-two million Euros to EVOWAS member States to help revamp the West Africa Energy sector.

supported the ECOWAS Energy market with the sum of € 32 m Euros) for the improvement of Energy performance in West Africa.

At a meeting in Bissau, Guinea Bissua, Madeleine Onclin, Head of Cooperation at the European Delegation to the Republic of Guinea-Bissau, disclosed that the EU has funded ECOWAS with thirty-two million euros (€ 32,000,000) to support the implementation of the Programme for Improvement of Energy Performance in West Africa (AGoSE-AO).

“The EU will continue to support West African States to access clean and sustainable Energy”, she added.

Commissioner of Enterprise Development, Mining, Energy and Digital Economy of the UEMOA Commission, Dr. KPaul Koffi Koffi commended ECOWAS initiative for the development of the energy sector in the Region.

He disclosed that about 10 billion dollars would be used to support development of energy poles in the region and he promised to synergize with ECOWAS to achieve common objectives in the energy sector.

While stressing the role of energy as a catalyst for socio-economic development, Mr. Sédiko Douka, Commissioner of Infrastructure, Energy and Digitalisation of the ECOWAS Commission, emphasized that currently ECOWAS energy challenges stands 53%.
Doukà said that to deal with this critical challenge ECOWAS is developing a vast program of access to electricity through two major regional projects of more than one billion USD with financing from the World Bank (ECOREAP, BEST, ROGEAP).
Meanwhile,Ministers in Charge of Energy from ECOWAS Member States met in Bissau , the Guinea Bissua capital on March 24, 2023 to adopt ECOWAS Energy Policy, the Regional Electricity Green Hydrogen Policy, among others.

Ministers used the occasion to fine-tune the regional electricity market, the state of compliance of the Member States vis-à-vis the Directive on securing cross-border electricity exchanges within the framework of the regional electricity market, the ECREEE Strategic Plan 2023-2027, and the West African Gas Pipeline project and the natural gas as a transition fuel.

Hot this week

Akpabio Reaffirms Senate Support for Proposed Anioma State Creation

President of the Senate, Godswill Akpabio, has reiterated the...

NCDMB Applauds ESSO’s $23m Shorebase Project at LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has...

EFCC Chairman Backs UNODC Programme Targeting Corruption, Illicit Financial Flows

By Wilfred FrancisChairman of the Economic and Financial...

Cement at ₦11,000: Is it time for Nigerians to return to building with mud?

Rising cement prices, now exceeding ₦11,000 per bag, are...

NIPSS, NTDA to Partner on Advancing Nigeria’s Tourism Sector

By Joyce Remi BabayejuParticipants of the Senior Executive Course...

CS SUNN Congratulates Nasarawa State Over Approval of Six Months Paid Maternity Leave

By Joyce Remi- BabayejuIn a significant milestone in maternal...

Bayelsa Creek Stakeholders Endorse Diri, Seek 2027 National Assembly Slot

Stakeholders from creek communities in Sagbama Local Government Area...

Kogi Awards Contract for 9km Dualisation of Airport Road

From Noah Ocheni, LokojaThe Kogi State Government has approved...

FG to Collaborate with AGFAN to Boost Economic Development

By Francis WilfredThe Federal Government has reiterated its readiness...

Court Grants Final Forfeiture of N3bn and Properties linked to NNPC Official

 By Francis Wilfred Justice J.O Abdulmalik of the Federal High...

Court Jails Man for Naira Abuse in Enugu

By Francis WilfredJustice of the Federal High Court sitting...

Related Articles

Popular Categories

spot_imgspot_img